Marketing Advice

Perhaps you think we should have written an article about being scared of marketing ROI closer to the end of October, right? However, after listening to “It’s the Most Wonderful Time of the Year” and the reference to telling scary ghost stories I decided I could roll with this article in December.

So for our scary story, I wanted to talk about marketing ROI. ROI is frightening for a few reasons. It can be challenging to measure and can kill some favorite tactics. But the terrifying thing is that if you don’t measure it, you may be wasting time and effort. Remember that regular corporations ask, “How much does it cost”? Great companies ask, “What is the ROI”?

As marketers, we spend a lot of time and money making sure that we get more leads. Leads are the lifeblood of sales. While you should measure marketing ROI with more than lead generation, many of things that we try to do in marketing are to drive more leads.

There is a world of tactics that you could spend your marketing dollars on to harvest more leads. However, how do you know where you should spend them?